[Suggestion] Stock Trader Competition, Round Two

Minecraft Name: goblizz

Suggestion: Have a second stock trader competition with IRL prizes much like the last one.

Reason: Now that the Stock Trader A.) Seems to have died down a bit and B.) The miscellaneous bugs have been patched, a second contest should be created to see who is the wisest/luckiest investor!

Any Other Information: I enjoyed the last competition, but there were multitudes of bugs that needed to be fixed and quite a few rule changes throughout the competition. From my records and tests, it appears those bugs are patched, and why not do a competition throughout the holiday season!

The rules would be similar as the last time, with a few changes.

• $100,000 minimum (as to attract more players)
• Must apply via application, similar to that of a build competition (example at the bottom)
• Dates and deadlines will be set beforehand in a sticky thread.
• Must stay within the rules of the market. If abuse is found, disqualification ensues.

Application Example:

IGN:
goblizz

Do you agree to follow all competition rules?
I agree.

Do you understand that you may be disqualified if you abuse the stock trader, and other consequences may occur?
I understand.

Do you agree to not invest until Start Date?
I understand.

Do you understand that you will be contacted after the competition to collect your prize?
I understand.

Link To This Plugin/Is this a custom addition?: Stock Trader/Xenforo Forums. In addition, I could be of service to help make the competition happen if need be

 

It was $200k before, and $100k isn't too much more than mayor. Pretty reasonable, at least in my opinion, especially if you are going for a coupon or real world prize

I came up with an idea for that.

Upon applying, users have to specify how much they are initially investing (i.e. 120k, 100k, 500k, etc.) The only limit is the 100k minimum. At the end of the competition, portfolio values are taken as a percent gain in relation to the starting amount. For example, if I had 100k, and ended up with 140k in my portfolio, I would have a 40% return.

It's a thought, what I mentioned above, but we could do it the same way as last time and go for biggest % return; the open/close times should prevent absurd amounts from occurring.

 

Thing is, there isn't a lot that can be done to change it. So, quite frankly, I have no idea.

 

100k was taken from the standpoint of it would be more realisitc for many users, and give more people an opportunity to win.

 

Bump.